Is Pearl City, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Pearl City has remained a Seller's Market.
Housing Prices in Pearl City, HI
How much do homes in Pearl City, HI cost?
Median Sold Price
$870,000
$621/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pearl City was $870,000 in March 2024, up 4.7% from last year, and the median price per square foot was $621.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $337.5K | $335K | -0.7% |
2 Bedrooms | $491.5K | $472.5K | -3.9% |
3 Bedrooms | $826.5K | $870K | +5.3% |
4 Bedrooms | $1.0M | $990K | -1.0% |
5+ Bedrooms | $1.1M | $1.1M | -0.9% |
Summary: Pearl City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
Pearl City | $831K | $870K | +4.7% |
Waipahu | $745K | $732.5K | -1.7% |
Aiea | $569.6K | $535.6K | -6.0% |
Mililani Mauka - Launani Valley | $615K | $578K | -6.0% |
Housing Supply in Pearl City, HI
How many homes are available in Pearl City, HI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 52 | -1.9% |
Summary: The Pearl City real estate market had 52 homes for sale in March 2024, a 1.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Pearl City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Pearl City in March 2024, up by 36.4% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Pearl City, HI
We’re sorry, we don't have information for this market at the moment